Fluxo de caixa e suas contribuições na geração de informações gerenciais: um estudo de caso na Guararapes Confecções S/A

Abstract

Among the statements required by Law 13.818/2019, for the publication of joint stock companies, there is the statement of cash flow that aims to indicate the movements that occurred in the cash during the period and the result of that flow. Unlike other statements that are formed on an accrual basis, cash flow indicates financial profitability through the cash basis. Despite being seen by many managers as just a demonstration of financial focus, the analysis of this demonstration is essential for decision making, as their information works in a complementary way to other statements. Therefore, the objective of this work was to identify the management information that Cash Flow generates in a publicly-held company in the textile sector in the period from 2016 to 2018, based on the indicators constructed by Braga and Marques (2001). The work was carried out through exploratory and descriptive research, applying case study procedures and with a qualitative approach to financial indicators. Guararapes Confecções S.A.'s cash flow statements from 2016 to 2018 were analyzed in order to calculate financial indicators and obtain information for the interpretation of results. The research found that some factors that optimized the economic result, did not necessarily mean a financial return in the period. 2018 had the best net profit in the years analyzed, however, its operating financial profitability was the lowest, a fact that was reflected in all indicators in the year. On the other hand, the year 2017 reported an economic result lower than 2018, but obtained a greater return on its operating activities in the cash register. Finally, the study concludes that the information present in the DFC is fundamental in a managerial analysis, as it presents a financial scenario about the company's situation.